by Rodney Forbes on January 30, 2010
Just when you thought the real estate market in the West Palm Beach area has turned the corner the FHA sets new tougher loan guidelines for borrowers. With the First Time Home Buyer Program set to expire this year and interest rates sure to increase in the future, the time to buy is now if [...]
by Rodney Forbes on October 22, 2009
As the November 30th deadline approaches to take advantage of the federal $8,000 First Time Home Buyer Tax Credit just about everyone in the real estate business, including buyers and sellers, are hoping the credit will be extended into 2010. The tax credit has a lot to do with the turn around in the Florida [...]
by Rodney Forbes on August 31, 2009
Breaking News: Case/ Shiller Housing Index Shows Second Month In A Row Of INCREASE IN SALES! We have been seeing continued reports of the strengthening of the national real estate market. Certainly in Palm Beach County Florida, one of the first and hardest hit areas in the country, the numbers have continued to move positive. [...]
by Rodney Forbes on August 25, 2009
With all the rain we’ve had in south Florida over the last week (I can’t believe it either) I’m reminded of the movie “The Perfect Storm” with George Clooney. Once every 20 or 30 years a series of weather events combine to create “the perfect storm”. You know the movie. Unfortunately, this perfect storm didn’t [...]
by Rodney Forbes on August 15, 2009
Great article from USNews.com. One of the constant topics of discussion in the virtual halls of HREU is…when will prices return to their previous ‘peak’ values of 2006ish. In other words, can someone realistically..’wait it out…wait for prices to return’. Well, the answer is YES…if they want to wait.. 10-20 years! You know where the [...]
by Rodney Forbes on August 12, 2009
via southfloridarealestatereport.com Happy first time home buyers gives a great testimonial for Rodney Forbes of Forbes Realty of South Florida located in West Palm Beach. Call 561-337-4810 to reach Rodney. His specialty is helping homeowners in distress through short sales. He also works closely with first time home buyers. You can also check out his [...]
by Rodney Forbes on June 30, 2009
Starting July 1st, qualified first time home buyers will be able to use the federal tax credit of up to $8000 as part of their up front costs for buying a home. Until now the tax credit could only be received after the buyers had closed on the home, and then filed their taxes. This [...]
by Rodney Forbes on June 30, 2009
I get asked questions every day about the $8,000 First Time Home Buyer Tax Credit. Who qualifies, what’s the income limit, when do I get the money, what can I use it for. The following article excerpt explains most of the details pretty well. According to Keystone Custom Homes, first-time buyers need to be aware [...]
by Rodney Forbes on June 29, 2009
With the real estate market in south Florida still trying to recover, so much attention has been given to the $8000 First Time Home Buyer Tax Credit. It certainly has helped with getting many buyers off the fence to take advantage of affordable home prices and low interest rates. So much attention has been given [...]
by Rodney Forbes on June 2, 2009
Until now most people considered the problem with foreclosures and short sales to be limited to certain areas and mostly “sub-prime” loans. With layoffs and bankruptcy in big companies like the auto industry, the mortgage problem is spreading to (up ’till now) safe borrowers. The mortgage crisis is spreading and hitting new heights: Borrowers with [...]
